{"schema_version":"secwatch.filing_event.v1","accession":"0001683168-24-002238","form_type":"8-K","ticker":"TOON","cik":"0001355848","company_name":"Kartoon Studios, Inc.","filed_at":"2024-04-09T23:59:59+00:00","discovered_at":"2026-05-14T18:03:18.064666+00:00","generated_at":"2026-06-04T00:51:01.109942+00:00","sec_items":["2.02","9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.6,"calibrated_materiality_score":0.6,"confidence":"medium","headline":"Kartoon Studios Q4 revenue $8.8M; costs slashed 70% YoY; $3.5M annual savings identified","bullets":["Q4 2023 revenue $8.8M; full year $44.1M; current assets $57.1M, working capital $11.5M.","Direct operating costs reduced >70% YoY and 54% sequentially in Q4 2023.","Additional $3.5M in annualized cost savings identified, to be implemented in 2024.","Kartoon Channel! paid subscriber base grew 19% in 2023; streaming arm achieved break-even operating income.","Mainframe Studios pipeline projects projected to generate >$40M in revenue; Beacon Media Q4 revenue up 16% YoY."],"urls":{"canonical":"https://secwatch.observer/filing/0001683168-24-002238","json":"https://secwatch.observer/filing/0001683168-24-002238.json","markdown":"https://secwatch.observer/filing/0001683168-24-002238.md","text":"https://secwatch.observer/filing/0001683168-24-002238.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1355848/000168316824002238/0001683168-24-002238-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1355848/000168316824002238/kartoon_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-04T00:51:01.109942+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"9ef1f937200f152fc365707b055a4b6d8c480650","claim":"Kartoon Studios, Inc. reported financial results for the fourth quarter and year ended December 31, 2023.","evidence_excerpt":"On April 9, 2024, Kartoon Studios, Inc. (the “Company”) issued an earnings release announcing, among other things, the Company’s operational highlights for the fourth quarter and year ended December 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1355848/000168316824002238/0001683168-24-002238-index.htm","confidence":0.95,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the fourth quarter and year ended December 31, 2023"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}